Commercial Property Owners Insurance

Commercial property owners insurance is available for all types of commercial landlords weather you rent out offices, shops, warehouses or surgeries, own a single property or a portfolio of properties .

We understand that this will be a big asset to you and understand the need to protect that asset accurately. We can provide the right policy specific for your needs and can include covers not just for the buildings but also your contents, liability and rental income.

Whatever your needs are we can provide a quotation tailored to your requirements including a range of covers for:

Buildings insurance

Contents

Loss or rent

Property owners liability

And much more

Interested in finding out more? As one of the UK’s largest independent insurance brokers, contact some of our dedicated staff and let us do the we do the hard work, to make it easy for you.

Buildings Insurance

Everyday your property will face a number of risks so its important to have a policy in place that can protect against these. We can arrange cover for standard perils including fire, flood, storm, accidental damage, escape of water and theft. We can also assist with non standard construction and unoccupied risks.

Things to consider when insuring a building:

Ensure you have an adequate and up to date rebuild value

Include fixtures and fittings

Level of cover required

Businessinsure at Clark Thomson understand the importance of this and can obtain a policy specific to you and your needs.

Why is the rebuild value different from the resale value?

A resale value takes in to account a lot of factors such as the cost of the land, attraction, local schools, etc. whilst the rebuild value is the cost to rebuild the property.

Do I need contents insurance?

If you provide tenants with fixtures and fittings or shelving or racking systems for example then you may wish to include contents cover under your policy.

Property Owners Liability Insurance

Property owners liability provides indemnity to third parties who sustain injury, illness or disease or if any damage occurs to third party property resulting from an incident both on or linked to your premises.

This could be from a tile falling from the roof and damaging a car or someone tripping on a loose carpet in the foyer.

Property owners liability can cover the cost and damages awarded to third parties

Loss of Rent Insurance

Renting out a property provides a monthly revenue, if you suffered a loss at your property and your tenant was unable to trade from the premises how would this impact you financially?

Loss of rent cover provides protection for the financial loss you may suffer in the event that you are unable to rent out the property due to an insured loss at the premises such as a fire or flood. Cover can be tailored for both the rental income you receive from your tenant and the indemnity period often ranging from 12 to 36 months depending on how long it would take to rebuild your property and re-tenant.

Things to consider:

How much rental income do you receive monthly

How long would it take to rebuild the property

If the tenant found an alternative property how long would it take to find a new tenant.

Interested in finding out more? As one of the UK’s largest independent insurance brokers, contact some of our dedicated staff and let us do the we do the hard work, to make it easy for you.

Will loss of rent cover if I cant find a tenant?

No this cover is strictly when a property is tenanted and has suffered a loss which then makes it uninhabitable.